TSE:MRC

Morguard Corporation (MRC.TO)

121.59
-3.36 (2.69%)
as of Jun 22, 2026, 2:59:43 pm Market Open.
57 watching
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Sep 07/23, Up 8.5%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with MRC is progressing well.  At this time we recommend trailing up the stop (from $95) to $103 to remain disciplined.  

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

We reiterate MRC, a leading North American real estate management company, as a TOP PICK.  As the BoC holds interest rates from further increases, and rental rates are up over 10% across the country, we expect the company to continue reporting quarterly increases in cash reserves to allow for further retirement of debt and to buy back shares.  It trades at 4x forward earnings.  We continue to recommend a stop loss at $95, looking to achieve $125 -- upside over 18%.  Yield 0.%%.    

(Analysts’ price target is $145.00)
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O’Reilly

The company owns a diversified portfolio of residential and commercial property portfolio worth $19 billion.  It is benefitting from growth in immigration into Canada and sees the commercial sector stabilizing going forward. It trades below book value and at 10x earnings.   We recommend a stop-loss at $95, looking to achieve $150 - upside potential of 40%.  Yield 0.5% 

HOLD
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Diversified REITs hit hard. Collections declined by over 25% in retail. Low dividend and sector uncertain. Declining cash flow, and high debt.
DON'T BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Diversified REITs hit hard. Collections declined by over 25% in retail. Low dividend and sector uncertain. Declining cash flow, and high debt.
BUY ON WEAKNESS
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Accretive acquisitions. Retail and office exposure worrisome. Stable but slower growth expected. Cyclical sector.
BUY ON WEAKNESS
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Diversified REITs hit hard. Collections declined by over 25% in retail. Low dividend and sector uncertain. Declining cash flow, and high debt.
DON'T BUY
Very wide discount to NAV. Its assets are not in sectors that investors are looking to add more capital to today. Exposure to industrials, multi-family, hotels. Seen as a value trap. Probably a safe hold, but more growth elsewhere.
DON'T BUY
All real estate is impacted by interest rates. Really got hit, as it owns all the things that were shut down. Company is a bit directionless. He owns AP.UN instead, as it has a clean structure, clear what management is trying to accomplish.
DON'T BUY
Some liquidity issues and problems with property types since the retail and office space is suffering. Don't add.
WEAK BUY
It is a large corporation rather than a REIT. The corporation has always traded at a big discount to an underlying value. It does not pay a distribution and has a valuation discount. It owns both office and retail. Both are sectors that have been hurt during the pandemic. It is hard to think about a catalyst that will close the gap of discount to value. For those that are patient and willing, it is something to look at.
HOLD
Some businesses are not properly structures for COVID-19. Eventually the virus goes away and business goes back to normal and this one will be an undervalued company. You just need to make sure these businesses can survive.
STRONG BUY
They pay out such a small dividend that it is not going to impact the company. They have been hammered because of issues like their hotel vacancies and people not paying their mortgages. The analysts are looking for earnings that suggest a 200% upside to the guest. They are cheap.
PAST TOP PICK
(A Top Pick Mar 26/19, Down 34%) A tremendous amount of high quality real estate. He believes the net asset value is $280-$300 a share. It is a great opportunity here. It is an illiquid stock.
DON'T BUY
It was a core holding for years, but it continues to trade at a discount and the owner is very unpredictable. He isn't big on office and retail and MRC is. There's great long-term value here, though, but short-term, there are better places to invest.
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Morguard Corporation (MRC.TO) Frequently Asked Questions

What is Morguard Corporation stock symbol?

Morguard Corporation is a Canadian stock, trading under the symbol MRC.TO (previously MRC-T on Stockchase) on the Toronto Stock Exchange (MRC-CT). It is usually referred to as TSX:MRC or MRC.TO

Is Morguard Corporation a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on MRC.TO (previously MRC-T on Stockchase) on Stockchase. Read the latest expert commentary for Morguard Corporation.

Is Morguard Corporation a good investment or a top pick?

Morguard Corporation was recommended as a Top Pick by Jeffrey F. Olin on 2020-01-15. Read the latest stock experts ratings for Morguard Corporation.

Why is Morguard Corporation stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Morguard Corporation.

Is Morguard Corporation worth watching?

Morguard Corporation is followed by 57 investors on Stockchase and is a trending stock that is worth watching.

What is Morguard Corporation stock price?

On 2026-06-22, Morguard Corporation (MRC.TO) stock closed at a price of $121.59.